July 8, 2022 | 4:25 PM
Jobs report is good economic news. Is recession still a possibility?
The nation added 372,000 jobs in June. That’s more than expected and continues a trend of robust hiring.
The nation added 372,000 jobs in June. That’s more than expected and continues a trend of robust hiring.
One of the broadest stock market indexes, the S&P 500, entered a bear market during Friday’s trading. That means it had fallen a stunning 20% from a recent high in January.
This recession is the first to be triggered solely by a pandemic, and it is enormous.
Municipal balance sheets are healthier than they were before the last recession a decade ago, but officials warn that the city isn’t as well prepared as its peers.